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MARKETS / NYSE / DOUG
NYSE · REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) · MID CAP

Douglas Elliman Inc. DOUG

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.0B
▲ 3.8% YoY
$15.2M
$-17.2M
In brief

What this company does

Douglas Elliman Inc., through its subsidiaries, is engaged in the real estate services business, with its subsidiary Douglas Elliman Realty, LLC operating in the New York metropolitan area, including New York City, Long Island, the Hamptons, Westchester, Connecticut and New Jersey, and the company also conducts operations in Florida, California, Texas, Colorado, Nevada, Massachusetts, Maryland, Virginia, and Washington, D.C. As of December 31, 2025, Douglas Elliman had 114 offices with approximately 5,800 real estate agents. The company also employed approximately 580 employees as of December 31, 2025, including 180 employees at Douglas Elliman's brokerage headquarters in New York City. Douglas Elliman also offers development marketing services and ancillary services, including mortgage, title and escrow services, through its subsidiaries and ventures. The company traces its inception to 1911, when it was founded on Douglas L. Elliman's vision that New Yorkers would shift their preference for traditional homes to luxury apartments sold and managed by the same company. Douglas Elliman Inc. is a Delaware corporation incorporated in 2021 in connection with the separation of Douglas Elliman from Vector Group Ltd. as an independent, publicly traded company listed on the New York Stock Exchange.

Written from the business description in Douglas Elliman Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 16 March 2026. Every sentence was checked against that document before publication.

Growth
USD 1.0B
Revenue, FY2025 · full 7-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.0 · Net income 0.0
0.5B1.0B2019202020212022202320242025
Compound annual growth
−3.6%
+5.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +5.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
1 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 4.4% · Net 1.4%
2%4%6%-2%-4%-6%2019202020212022202320242025
ROE
FY2025 · ROE 8.8%
20%40%-10%-20%-30%2019202020212022202320242025

Each USD of equity produced 9 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -17.2
50M100M-20M2019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends 0.0 · Net buybacks —
8M16M202020212022202320242025

Total assetsUSD 444.4M
EquityUSD 183.9M
CashUSD 115.5M
Gross debtUSD 0.00
Net debtUSD -115.5M
Current ratio1.63×

The company holds more cash than debt.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B1.01.01.01.21.40.80.8
Operating income $B0.0−0.1−0.1−0.00.1−0.0−0.0
EBITDA $B0.1−0.1−0.10.00.1−0.00.0
Income tax $B0.00.0−0.00.00.00.00.0
Net income $B0.0−0.1−0.0−0.00.1−0.00.0
Free cash flow $B−0.0−0.0−0.0−0.00.10.0−0.0
EPS, diluted $0.17−0.91−0.52−0.081.21−0.600.11
Dividend / sh $··0.050.20···
Payout %0−0−10−2890−0·
ROE %8.8−38.6−16.9−2.044.6−28.3·
Shares out B0.090.090.090.080.080.00·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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Provenance
Company facts, as filed
How we verify · 0 failures in 26 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 50 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityReal Estate Agents & Managers (For Others)
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2019

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